EDP and EDPR in capital call for EDP Brazil Public Acquisition Offer as chairman unveils €25Bn investment plan in London The intended capital raise at EDP and EDPR is to support the company’s [...]
The entrepreneur Paulo Fernandes, one of the most influential and powerful businessmen in Portugal, has reinforced his position in the Portuguese renewables energy firm Greenvolt by buying [...]
The energy services company EnergyCon is to invest €25 million in Porto’s industrial area. The company controlled by the Painhas Group will set up a renewable Energy Community in Porto’s [...]
A Lisbon administrative court has decided in favour of the Portuguese energy regulator ERSE in a litigation against local natural gas distributors. The court agreed that the distributors had [...]
Portugal’s multinational electricity and renewables energy company EDP is expected to cough up taxes of €300 million on profits made in Poland and Romania. This is because of the extraordinary [...]
Portugal’s electricity regulator ERSE has fine the Spanish multinational electric utility company Endesa, which has a considerable presence in Portugal, €180,000 for 92 infractions. The ERSE had [...]
Portuguese energy giant Galp is to slash electricity bills for its customers by around 11% from the start of 2023 while keeping natural gas bills unchanged for the first quarter of 2023. [...]
The Portuguese government could net up to €100 million from its windfall tax on local energy and food retail companies which have seen profits soar as an indirect result of the war in Ukraine and [...]
Portugal’s minister of Finances estimates that the windfall tax on energy and food distribution companies will net the treasury “several tens of millions of euros”. Fernando Medina has rebuffed [...]
The price of agricultural produce in Portugal will continue to rise even if inflation stops according to the Confederation of Portuguese Farmers (CAP). The confederation’s president Eduardo [...]
